Orchard Avenue median real estate price is $356,388, which is less expensive than 85.6% of Washington neighborhoods and 51.8% of all U.S. neighborhoods.
The average rental price in Orchard Avenue is currently $1,734, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 81.7% of Washington neighborhoods.
Orchard Avenue is a suburban neighborhood (based on population density) located in Spokane Valley, Washington.
Orchard Avenue real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Orchard Avenue neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
In Orchard Avenue, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Orchard Avenue is very tight compared to the demand for property here.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Orchard Avenue neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
For many reasons, Orchard Avenue is rated by NeighborhoodScout as one of the top 4.1% of ideal neighborhoods for first-time home buyers in the state of Washington. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other WA neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for college students.
Did you know that the Orchard Avenue neighborhood has more Russian and Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.6% of this neighborhood's residents have Russian ancestry and 3.4% have Native American ancestry.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Orchard Avenue neighborhood in Spokane Valley are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 59.4% of the neighborhoods in America. With 16.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.6% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Orchard Avenue neighborhood, 41.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 28.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.3%), and 10.8% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Orchard Avenue neighborhood is English, spoken by 90.8% of households. Some people also speak Spanish (3.4%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Orchard Avenue neighborhood in Spokane Valley, WA, residents most commonly identify their ethnicity or ancestry as English (21.6%). There are also a number of people of German ancestry (14.1%), and residents who report Irish roots (10.7%), and some of the residents are also of Russian ancestry (4.6%), along with some Dutch ancestry residents (4.0%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Orchard Avenue neighborhood spend between 15 and 30 minutes commuting one-way to work (51.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (65.0%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (8.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.